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Lynn 01905
98 Laurel Street
$230,000
● House - Off Market

98 Laurel Street

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,189 Ft²
$382,712
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

Home sweet home! This renovated 3+ bedroom Ranch has everything you've been looking for!  Featuring an open floor plan, gorgeous kitchen with stainless steel appliances, granite counters, and tile floors, spacious living room with picture window, 2 bedrooms and a full bath on the main level, hardwood floors, and a walk up attic. The walk out lower level is nicely finished and offers 3 additional rooms. Newer heating system, hot water tank, and updated electrical. Outside there is off street parking and a 12x20 deck that overlooks the large fenced in yard complete with mature landscaping and storage shed.  All this plus a great West Lynn location ~ close to beaches, parks, schools, shopping, and commuter routes. Open Houses Saturday and Sunday from 2:00pm - 4:00pm. Hurry to view, this one won't last!
Unit Size
1,189 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$184
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71903067)

Price History

Date / Event Date Event Price
Oct 15, 2015 Sold
Premium
Sold
Sep 11, 2015 Listed by Century 21 Commonwealth $219,000
Listed by Century 21 Commonwealth
May 29, 2014 Sold
Premium
Sold
Apr 9, 2014 Listed by Century 21 Commonwealth $199,900
Listed by Century 21 Commonwealth
Jan 28, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,306
  • Total Building Area: 768
  • Gross Building Area: 1,896
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 768
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 205800

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:020 B:285 L:067
  • Block: 285
  • Lot: 67
  • Municipality: LYNN
  • Latitude: 42.4601
  • Longitude: -70.9757

    Address

  • Full Address: 98 Laurel St
  • Address - House Number: 98
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C006
  • 4-Digit Zip Code: 2041
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $467,400

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 471,921
  • High Value: 561,187
  • Low Value: 382,655

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $443,900
  • Assessed Land Value: $192,900
  • Assessed Improvements Value: $251,000

    Sales

  • Current Sale Recording Date: Oct 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 205
  • Previous Sale Recording Date: May 29, 2014
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lynn

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2698 ft²

Average Home Age

97.9 years

Currently For Sale

156 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71903067

Frequently Asked Questions

When was property at 98 Laurel Street built and last sold?
The property at 98 Laurel Street was built in 1958 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 98 Laurel Street is $238,349.
What are some comparable homes to 98 Laurel Street?
There are currently no comparable homes to 98 Laurel Street.
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